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EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to their bank accounts through UPI payment gateway by April this year, a top source has said. The labour ministry is working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be available for withdrawal through their bank account using Unified Payment Interface (UPI), the source told PTI. He explained that the subscribers will be able to see the eligible EPF balance available for transferring into their seeded bank accounts. They will be allowed to use their linked UPI pin for completing the transaction to ensure a secure transfer of money into their bank accounts. Once the money is transferred into bank accounts, the members can use the money the way they want, like making payments electronically or withdrawing through bank ATMs using debit cards. The source stated that the Employees' Provident Fund Organisation (EPFO) is trying to resolve software glit
The Supreme Court on Thursday refused to entertain a plea filed by the producer of Vijay-starrer Tamil film "Jana Nayagan", challenging an interim order of the Madras High Court that stayed a single-judge direction to grant censor board clearance to the movie. A bench of Justices Dipankar Datta and Augustine George Masih, which questioned the pace at which the case was dealt in the Madras High Court, asked the film producers to approach the division bench of the high court for relief. The top court also asked the Madras High Court to decide the plea on January 20 after senior advocate Mukul Rohatgi, appearing for the producers, said a film is a perishable item, and it would cause "serious injury" if the matter is delayed. On January 9, the Madras High Court stayed a single judge's order directing the Central Board of Film Certification (CBFC) to immediately grant a censor certificate to "Jana Nayagan", leaving the fate of actor-turned-politician Vijay's film, which has drawn attenti